Newmark Group announced on October 7, 2024, that Marcus Lütgering has joined the firm to lead its efforts in building out the German business. This appointment is part of Newmark's global strategy to hire top-tier professionals across key geographies.
Lütgering, based in Munich, will oversee Newmark's brokerage operations in Germany, including recruiting, strategic direction, business development, and client service. He previously led JLL's German office investment operations and has completed over 450 transactions totaling €36.8 billion.
Germany is a premier global financial and industrial center, home to 50 Forbes Global 2000 companies in 2024. Newmark's non-U.S. revenue was 13.4% of total over the twelve months ended June 30, 2024, up from less than 5% in 2021, with EMEA operations generating approximately $300 million in annual revenues over the same period.
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